Sold
4030 Dixie Highway, Waterford, MI
Sold on 06/23/2026 for$1,675,000
MLS # 20261021751 (Realcomp)
Built 19601.89 acres
1 / 13
Listing Description
Incredible investment opportunity on all-sports Loon Lake! This expansive Marina sits on nearly 2 acres and features 16 Boat Docks with 32 Boat Slips with a Private Boat Launch. Included is a 1960 Butler Style Building (Cold Storage) Building with Approx. 12,500 SF divided into 2 areas by a Firewall. Right Half of the building has approximately 7,500 SF, grade-level door, Set of Double Doors and a Service Man door with 2 Full bathrooms. The Left side is approx. 5,000 SF wide open space with 3 Grade Level Doors and a double service/Entry door. Electrical has been updated. Sits on a Concrete Slab. Private Gated Fenced Boat Launch and Dock Facility Area with brick pavers, Sea Wall, and Retaining wall. BEING SOLD AS-IS. FOR LEASE is an Option For STORAGE ONLY.
Source: SparkMLS
About this home
Closed at $1,675,000.
Annual property taxes run approximately $15,577 ($1,298/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size1.89 acres
Year Built1960
Location
CityWaterford
MunicipalityWaterford Twp
CountyOakland
School DistrictWaterford
Construction & Systems
ConstructionWood Siding, Brick, Metal Siding
WaterPublic
Sale & Financing
Listed4/2/2026
Sold Date6/22/2026
Source: SparkMLS
Tax Information
Annual Tax$14,180
State Equalized Value$321,790
Taxable Value$261,720
Parcel #1310437012
Source: Public Records
Property Records
FEMA Flood Zone: Zone AE — 100-year floodplain
Flood insurance required for federally backed mortgages
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Thomas Wilhelm
Wilhelm & Associates
Frequently Asked Questions about 4030 Dixie Highway, Waterford, MI
Which school district serves 4030 Dixie Highway, Waterford, MI?
Per MLS# 20261021751, 4030 Dixie Highway, Waterford, MI is in the Waterford boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Waterford directly to confirm enrollment eligibility.
What are the property taxes at 4030 Dixie Highway, Waterford, MI?
Per public tax records, annual property taxes for this property are $14,180. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 4030 Dixie Highway, Waterford, MI is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 4030 Dixie Highway, Waterford, MI in a flood zone?
Per FEMA flood maps, this property is designated as Zone AE, a high-risk flood area. Flood insurance is required for federally-backed mortgages in this zone. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 4030 Dixie Highway, Waterford, MI?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Oakland County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Tax Estimate
$
Annual tax$15,577
Monthly$1,298
Millage rate48.4079 mills
Municipality: CHARTER TOWNSHIP OF WATERFORD
School district: PONTIAC CITY SCHOOL DISTRICT
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$12,648
Principal & interest$11,350
Property taxes$1,298
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
4030 Dixie Highway, Waterford, MI
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Municipality
Waterford Township
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County
Oakland County
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